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Barclays Bank CD Rates: Top Rate 12-Month CD at 5.00% APY

Barclays Bank CD rates on 12-month certificates of deposit are one of the top 12-month rates currently available at 5.00% APY. One again it's nice to write about a 5.00 percent CD rate after years of rates being under 1.00 percent. Barclays Bank is one of the world's largest and most reputable financial institutions, providing its customers with a wide range of financial services and products, including certificates of deposit (CDs).

Barclays Bank offers a highly competitive CD rate of 5.00% on their 12-month CD account, this rate is significantly higher than the national average CD rate of 0.56% as of February 2023. This means that customers who invest in Barclays Bank's CDs can earn significantly more interest on their investment than they would with other banks.

Barclays Bank also offers a variety of CD terms to suit the needs of different investors. You can choose from CD terms ranging from 1 year to five years. Since short-term interest rates are higher than long-term rates right now, so short-term rates are higher than long-term CD rates, for example, Barclay's 12-month CD rate is at 5.00 percent APY and their 60-month CD rates is at 4.30% APY.

Barclays Bank CD Rates Include:

  • 12-Month CD Rate 4.88% APY 5.00%
  • 18-Month CD Rate 4.69% APY 4.80%
  • 24-Month CD Rate 4.26% APY 4.35%
  • 36-Month CD Rate 4.21% APY 4.30%
  • 48-Month CD Rate 4.21% APY 4.30%
  • 60-Month CD Rate 4.21% APY 4.30%

Open A Barclays Bank CD Account

Barclays Bank's 5.00% CD rates, CD terms, and CD account benefits make it an attractive option for investors looking for a safe and secure investment with a guaranteed rate of return. However, as with any investment, it is important to carefully consider the terms and conditions of the CD before making a decision.

You should weigh the benefits of the high-interest rate against the commitment period and penalties associated with early withdrawals. Overall, Barclays Bank's CDs provide a competitive option for investors who seek to earn a reliable rate of return on their investment while preserving their capital. To open a CD account at Barclays Bank visit https://www.banking.barclaysus.com/online-cds.html

 
Author: Brian McKay
March 8th, 2023